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Global Ayurvedic MarketSegmentation, Demand and Supply Trends forecast year 2020

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Ayurveda is an Indian system of medicine derived from ‘Ayurvedic’ natural herbs & is a form of alternative medicine. Nearly 75% of people in India use some form of traditional medicine, a category that includes Ayurveda.

Some of the driving factors favouring the market growth include growing demand for natural and organic products, increasing consumer awareness and growing demand for ayurvedic cosmetics products, expanding medical tourism through the globe. Organic skincare products are achieving fast grip and the market is expected to expand even further.

Furthermore, to expanding consumer base, anti-wrinkle & anti-ageing creams are projected to fuel the market growth. However, lack of stringent regulations and optimum therapeutics, lack of a killer instinct in the ayurvedic industry are some of the key barrier or restraint which is limiting the market size. Moreover, practical developments in ayurvedic medicines will offer great investment opportunities for players in the ayurvedic market.

Personal care products segment is leading the ayurvedic market globally due to increasing awareness of personal care products, changes in consumption patterns and lifestyles, and improved the purchasing power of women, promises moving times for the personal care industry. The Asia Pacific is estimated to dominate the global market owing to the presence of established ayurvedic manufacturing units.

Retail sales are dominating the ayurvedic market. Retail is the process of selling ayurvedic product or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified over a supply chain.

Region-wise, the Asia Pacific region accounts for the largest share of the market due to their rich tradition of herbal medicines led by India, Indonesia, Myanmar, Sri Lanka, and others. India is the largest market and accounts for almost US$ 1200Mn in terms of market value. India exports of Ayurvedic drugs was estimated to be around. US$ 65Mn in 2017. The main exports of Indian Ayurveda include Senna & Psyllium.

ALSO READ : https://www.medgadget.com/2019/09/ayurvedic-market-global-potential-growthsharedemand-and-analysis-of-key-players-forecasts-to-2026.html

 

Global ayurvedic market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.

Some of the key players operating in global ayurvedic market, Patanjali, Amrutanjan Healthcare Limited, Zandu Pharmaceuticals Works Ltd., WELEX Laboratories Pvt. Ltd, Lotus Herbals, Khadi Natural, Surya Herbal Limited.

Scope of Global Ayurvedic Market

Global Ayurvedic Market, by Mode of sales

Retail Sale

Online Sale

Global Ayurvedic Market, by Product

Personal Care Products

Hair Care & Fragrances

Skin Care

Oral Care

Make-Up

Healthcare Products

Ayurvedic Medicines

Ayurvedic Nutraceuticals

Dietary Supplements

Global Ayurvedic Market, by Application

Cancer Treatments

Respiratory Disorders

Mental Health

Nervous System Disorders

Diabetes

Skin Diseases

Cardiovascular Diseases

Autoimmune Diseases

Other Applications

Global Ayurvedic Market, by Distribution channel

Supermarkets

Pharmacy & Drug Stores

Direct Selling

Beauty Salons

Specialty Stores

Internet Retailing

Departmental Stores

Other Distribution Channels

Global Ayurvedic Market, by Region

North America

Europe

Asia Pacific

Middle East and Africa

South America

Key players operating in Ayurvedic Market

Amrutanjan Healthcare Limited

Zandu Pharmaceuticals Works Ltd

WELEX Laboratories Pvt. Ltd

Lotus Herbals

Khadi Natural

Surya Herbal Limited

Maxcure Nutracedics Ltd.

Shree Dhootapapeshwar Ltd.

AVA Products & Services

Vicco Laboratories

Shree Baidyanath Ayurved Bhawan Pvt. Ltd.

Kerala Ayurveda Ltd.

Forest Essentials

Dabur India Ltd.

The Himalaya Drug Company

Patanjali Ayurved Limited

Hamdard Laboratories

Emami Ltd.

Charak Pharma Pvt. Ltd.

BACFO Pharmaceuticals Ltd.

Charak Pharma

Ayurvedic LifeStyles Inc.

FOR MORE DETAILS : https://www.wiseguyreports.com/reports/3925831-global-ayurvedic-market-industry-analysis-and-forecast-2018-2026

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.   

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